Enhancing its Boston footprint, the $920 million Metro CreditUnion of Chelsea, Mass., said it has now completed a merger of the$30 million Secure CU of Melrose, Mass.
Addition of the 1,750-member Melrose CU is the secondconsolidation for 135,000-member Metro in 2011 and underscores “thedesire of small credit unions to broaden product and servicemenus,” said Robert Cashman, Metro president/CEO.
Cashman said there are no current plans to pursue furthermergers but the CU is on the lookout for opportunities where thereis a membership fit. Last April Metromerged the $58 million University CU.
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